This week's roundup is very kindly via Gavin Ingham.
So, we’ve reached week 7 of The Sales Apprentice and tonight’s task was to create a Freemium (Free Premium Magazine) and then sell as much advertising space as possible. The team selling the most ad space would win the task. Tonight’s team leaders were selected by Lord Alan, Jim leading Venture and Natasha leading Logic, speaking to the teams this week from a balcony way above them and I couldn’t help but think that the ultimate winner of the show might be advised to get used to exactly this sort of “partnership”.
With only a few hours to complete this task the teams quickly got down to discussing the potential markets. Natasha and team decided to plump for a lad’s magazine with a business element to it. This was partly their idea and partly down to a focus group of rugby players saying that they wanted a more intelligent magazine without the nudity. The magazine quickly became called “Covered”.
Over on Jim’s team they decided to go for the over-60’s market and set off, stereotypes at the ready, to talk to a focus group. I guess when you’re 20 something 60 does seem incredibly old but the whole concept of active retirement seemed to have passed the whole of team Venture by. They just couldn’t seem to get their heads around the fact that people of 60 weren’t about to die and thought their concept that people of that age weren’t was a new idea!!
These two decisions about the magazines and the implementation of them would prove to be the critical piece in today’s show. No amount of selling or negotiating can sell the wrong idea. No amount of influence and persuasion can persuade professional buyers who know their markets to buy a dud. No amount of word foreplay or slippery, shouldered, sales talk (Jim!) can polish a turd.
Sales training tip: Know your client. Know your client. Know your client. I was amazed that all of the chat in selecting the magazines was about the concept. It should have been all about the readers and the advertisers…
Who would read this magazine? Why would they read it? What would they be interested in? What product placement would fit in this magazine? Who would want to advertise in it and why? How did this demographic fit in with the clients of the three buyers they were imminently to meet? If they did ask these questions, we never heard them.
Over on team Natasha things were not running smoothly. All of the team seemed to be behind the concept of business without the nudity however Natasha seemed obsessed with boobs, stating at one point that, “Porn sells.” True, but not your concept, Natasha. Photographing girls in their lingerie under Tom’s (?) suit jacket and glasses and touting a potential title, “How do you blow your load?” (translated as, “How do you spend your cash?”) the implementation was more Stringfellow than Jobs and the cover wouldn’t have looked out of place next to Nuts magazine…
And you know, it may well have been that the magazine needed the smut but the fault here was with the lack of clarity of purpose of the team…
Sales leadership tip: If you want to be a great leader and you want to inspire and lead your staff you need a clarity of vision. That doesn’t mean that you know what you’re doing! It means that you AND your team know what you’re doing and that you’re all pulling in the same direction.
On Natasha’s team, this most definitely was not the case with Natasha and her team having very different visions of what they were trying to achieve…
But the problems on Natasha’s team were far overshadowed by those on Jim’s team where they could not even get their title or concept right. This was in the main part because the team clearly thought that 60 was really old and that any 60 year old owning a mobile phone that did more than make a call was seriously hip, hop and happening. The titles they suggested for the magazine were not only unimaginative, they were also laughable. And that’s exactly what the focus group did!
Desperately seeking a new title Zoe suggested “Coffin Dodgers.” A silver-handled affair made of teak narrowly missed Nick’s head as he spat out another wasp he’d been chewing. “Everyone thinks you die at 60,” volunteered Zoe suggesting that the concept of people over 60 having a life was something new. Do these Apprentices not have grandparents? Who the heck thinks that anyone dies at 60?
Deciding to go down the route that once you have eliminated any sensible alternatives you need to pick the first daft thing that comes into your head, Venture decided to call their magazine “Hip Replacement.”
What?
Yep! You heard it right… “Hip Replacement.” Seriously! Task lost. End of.
From this point on, I could see little hope for Jim and team. This title made “Coffin Dodgers” look inspired. Jim, who I am rapidly deciding needs to get fired (more later…), set about roping the team into this decision, something he is very good at. On the face of it, he makes it look like he is getting their agreement and input, but in reality he is purely covering his ass! The only member of the team to not agree was Suzy but, even after being told to stand up for herself in the boardroom last week, she said that she would go along with it. She needs to be careful. Having the right idea and not sticking up for it could well prove to be far more fateful in Lord Alan’s eyes than cocking it up but having the cahones to stand up for your ideas…
Ideas completed, articles sourced and magazine printed, the teams put their heads together to craft their sales pitches. Jim beseeched his team to volunteer to make the pitch and threw his hands up when no-one volunteered. He really does have the slipperiest shoulders. If he was a pirate his parrot would need crampons and pick axes…
Sales Pitch 1:
Picture this… Leon standing next to a huge picture of a semi-naked girl with the title “Covered” and saying that their magazine was a lad’s magazine with business and without the pictures of naked girls! Hmmm…
Next up, Jim pitched “Hip Replacement”. The buyers looked bemused and asked about favourable rates. Jim said that it was full rates or no ratesl. The buyers looked even more bemused but not half as bemused as the rest of Jim’s team.
Sales training tip: Negotiation is an important part of selling. Most salespeople make poor negotiators. They give away too much, too easily and fail to create win win solutions. Many salespeople need to stand their ground more. But there are times when you need to negotiate, times when you need to strike a deal, times when the buyer needs to know that you have done something for them, times when the particular client, etiquette and/or custom dictate that you negotiate. This was one of them and Jim failing to do so was arrogant (stupid).
Sales Pitch 2:
With a budget of £1 billion client spend Natasha couldn’t stop herself interrupting Leon and the whole pitch lacked professionalism and coherence.
Sales training tip: Don’t undermine your team. When making sales presentations work together, work with each other, support each other. Behaving in front of your prospects in a way that suggests that you do not trust your colleagues to say the right thing (e.g. interrupting them mid flow) will do little for your client’s confidence in you.
Jim’s team did little to shine in their presentation either and it was on to…
Sales Pitch 3:
With team Jim failing to shine (again) it was all down to what team Natasha could do with “Covered” and Natasha having lost faith in Leon decided to step up herself to make the sales presentation… and this proved to be a double-edged sword…
On the one hand, her presentation was awful, yeah? I mean it was really not good, yeah? And not slick at all, yeah? And if she said yeah again yeah, I would have turned the TV off. And it was also crass, “Let’s face it. A lot of guys like to get a bit of dollar in their pocket, yeah, to impress the ladies.”
I have many great clients in recruitment and know many impressive individuals in recruitment and I was not impressed…
BUT…
Her pitch was closer to the ACTUAL magazine they had produced. Not the one they had said they were going to produce, nor the one that the rest of the team wanted to produce BUT THE ONE that she did actually produce. More of a magazine for LADS who want to THINK they like business rather than people who actually are in business. More X-Factor wannabe than proven business mogul.
In the Boardroom…
“Tell me who you think the potential advertisers are?” Asked Lord Alan. FINALLY! Someone asking the right question!
The results were in…
Pitch 1: Logic £9k, Venture £12k.
Pitch 2: Logic £7.5k, Venture £16,850.
So, two wins but still anybody’s game… until…
Pitch 3: Logic £0, Venture £60k for the whole magazine.
Slam dunk and team Natasha headed off to poke each other with sticks (fencing) yeah and to celebrate their business prowess… yeah!
Back in the Boardroom…
Jim was quick to blame Zoe for one of the main mistakes, the name of the magazine. He admitted that they all agreed it but insisted that it was her idea. I wanted to reach down the TV and tell Teflon Jim that this was really rather similar to him being blamed for coming up with a name in a previous task and that he had said that it was only brainstorming and that it was down to the team leader who approved it. But I’ll have to settle for writing it here…
Jim might be good at building rapport, doing cheeky deals and using language to deflect potential objections but he needs to step up and take responsibility.
He elected to bring back Suzy and Glenn…. Suzy because she’s only 21 and Glenn because he’s an engineer. Jim criticized both Suzy and Glenn but had his sights fixed firmly on Suzy. Glenn wavered in his support of Jim until Jim caught him broadside in a slight of Suzy, “You’re just marginally worse than Glenn,” he said and then got it both barrels from Suzy and Glenn.
But Lord Alan had had enough, “Jim, you’ve got slippery shoulders but despite what I said about you the other week son I can’t sack you yet ‘cause there are other idiots to sack first. Suzy, you’re young and all that but I hate engineers ‘cause they ‘aint business peeps so Glenn son you is sacked.”
If you’re an engineer and you’ve done well in business send your complaints to Lord Sugar… and if you’re thinking about applying for The Apprentice, think again… Lord Alan has already made his mind up, “I’ve never yet met an engineer who can turn his head to business.”
Line of the week from Lord Alan to Glenn, “I was wondering if you’re one of those people who think that “Only Fools & Horses” was a business documentary?”
You should also check out The Apprentice Episode 7 – It’s just not punny anymore from BlueSky PR.
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